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Ola Electric's ferrite motor gets nod, cuts rare-earth dependence

India's largest EV maker secures certification for a ferrite motor that removes rare-earth magnets, tackling cost and supply-chain challenges in electric mobility

As battleground tactics shift, startup Unmannd bets on autonomous drones

Company develops AI-powered platforms as recent conflicts expose vulnerabilities of traditional defence systems to drone swarms

Meesho's sale draws 2.06 bn visits, signals surge in Bharat e-commerce

Shoppers spend 117 mn hours; prepaid orders up 57%, seller count and Tier-4 growth soar ahead of Diwali

Sellers passed on over ₹100 cr in GST relief to customers: Amazon India

The performance comes as recent GST reforms reduced rates on appliances and electronics, enabling sellers on Amazon to pass through over ₹100 crore in savings to customers

E-commerce giants pass on ₹300 crore tax cuts to festival shoppers

Amazon and Flipkart channelled over Rs 300 crore in GST savings to festive shoppers as sellers adopted new tax rates, boosting demand for appliances and electronics

GST cut drives ecom infra push in smaller cities amid quick delivery boom

Platforms expand infrastructure to smaller cities as GST reforms and instant delivery reshape retail landscape.

Amazon Fresh expands to 270+ cities in India, adds tier-2 and tier-3 towns

Amazon Fresh has expanded its reach to more than 270 cities across India, including tier-2 and tier-3 towns, with 40,000 products and partnerships with 13,000 farmers

Licious expands 30-minute meat delivery to 60% of its customer base

Licious expands express delivery, boosts hubs by 40% and taps India's $55 bn protein market, aligning with rising consumer demand for on-demand fresh meat and seafood

Curefoods secures ₹160 crore pre-IPO placement from 3State Ventures

Curefoods allots 12.8 million equity shares at Rs 124 each to Binny Bansal's 3State Ventures in a pre-IPO placement, ahead of its Rs 800 crore fresh issue and OFS under SEBI norms

Amazon festival sale clocks record 380 million visits in 48 hours

Amazon's Great Indian Festival saw 380 million visits in 48 hours, led by tier 2-3 demand, GST savings, premium product sales and record participation from SMB sellers

Lightspeed leads $23 mn funding in Emergent AI app-building platform

AI startup Emergent raises $23 million Series A led by Lightspeed as platform hits $15 million ARR in 90 days with 1.5 million apps built from natural language prompts

Flipkart reports 21% rise in user visits during Big Billion Days sale

Flipkart's Big Billion Days sale recorded 21 per cent growth in visits, 26 per cent surge in premium demand and strong Cleartrip bookings as festive shopping gained pace

Meesho, Shopsy see festive sales boom as smaller cities drive demand

Meesho recorded 240 million visits and Shopsy saw 70% of orders from tier-3 towns as India's festive e-commerce battle shifts to smaller cities and value shoppers

Flipkart, Amazon race in premium ecommerce with iPhones, fast delivery

Flipkart, Amazon and Bigbasket reported record festive sales of iPhones and premium devices, with fast deliveries and GST reforms boosting growth in metros and Tier-II cities

GST cuts to fuel 15-20% festive sales surge in electronics: Analysts

GST cuts have lowered electronics prices by 7-9 per cent, fuelling festive demand as consumers trade up to premium TVs and appliances and e-commerce giants push discounts

Amazon and Flipkart showcase GST deals as festival shopping begins

Amazon India has introduced a GST storefront to display reduced prices from tax cuts on key categories, aiming to capitalise on festive demand with offers, discounts and bank deals

Swiggy needs $500 mn war chest for quick commerce battle: JM Financial

JM Financial downgraded Swiggy citing widening losses and balance sheet stress, warning the firm needs over $500 million to sustain Instamart against Blinkit's rapid expansion

PhonePe posts 40% revenue surge, turns free cash flow positive ahead of IPO

Fintech firm crosses Rs 7,000 crore in revenue as adjusted EBITDA and PAT soar; diversification into lending and broking fuels growth momentum

Amazon, Flipkart deploy war rooms for ₹1.2 trillion festival battle

E-commerce giants mobilise round-the-clock operations with food, entertainment as India's shopping season is projected to grow 27 per cent

Urban Company CEO says IPO success is 'Day Zero' for home services giant

Abhiraj Singh Bhal discusses profitability path and ₹8.5 lakh crore market opportunity after blockbuster public debut